Berkeley Retirement Home Inc (EIN 042104374) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1942

Legal Domicile

Principal Officer

Diane Shikrallah

Phone

9786821614

Tax Period

2023-01-01 to 2023-12-31

Berkeley Retirement Home Inc, founded in 1942, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $3.4M left a modest 5% surplus.

Mission

Dedicated to the excellence of care, the maintenance & restoration of health & holistic wellness.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $29,111

Program Service Revenue $2,928,090

Investment Income $51,752

Other Revenue $579,954

TOTAL REVENUE $3,588,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,499,968

Fundraising Expenses $0

Program Expenses $2,942,131

Other Expenses $898,122

TOTAL EXPENSES $3,398,090

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,588,907	$2,990,885	+0.2%
Expenses	$3,398,090	$3,146,401	+0.1%
Net Income	$190,817	$-155,516	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Diane Shikrallah	President	2.00	Officer Director	$0	$0	$0
George Moriarty	Vice President	2.00	Officer Director	$0	$0	$0
Alan Dawson	Treasurer	2.00	Officer Director	$0	$0	$0
Dennis Sweeney	Secretary	2.00	Officer Director	$0	$0	$0
Peter J Caruso	Member	2.00	Director	$0	$0	$0
Christopher Demaine	Member	2.00	Director	$0	$0	$0
Connie Doto	Member	2.00	Director	$0	$0	$0
Paula Drelick	Member	2.00	Director	$0	$0	$0
Sheila Dunne	Member	2.00	Director	$0	$0	$0
Kris Fleming	Member	2.00	Director	$0	$0	$0
Jerome A Jozak	Member	2.00	Director	$0	$0	$0
Rev Jeffrey B Snyder	Member	2.00	Director	$0	$0	$0
Robert Perreault	Life Member	2.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$3,588,907	$3,398,090	$2,070,351	$190,817
2022	$2,990,885	$3,146,401	$1,671,093	$-155,516
2021	$2,741,972	$3,106,698	$2,045,687	$-364,726
2020	$3,136,597	$3,073,579	$2,268,233	$63,018
2018	$2,814,792	$3,180,925	$2,230,113	$-366,133

Berkeley Retirement Home Inc